Global EdTech Market Soars to New Heights, Expected to Reach USD 433.5 Billion by 2030 | IGR

The Global EdTech Market, which was valued at USD 111.9 billion in 2022, is experiencing an unprecedented surge, with a projected CAGR of 18.79% during the forecast period, poised to reach USD 433.5 billion by 2030.

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Mobile Platforms Revolutionize EdTech

One of the primary catalysts driving the global EdTech market is the pervasive use of mobile platforms, including tablets, smartphones, and laptops. The proliferation of these devices worldwide is transforming the landscape of education. The surge in internet users and the rapid penetration of smartphones, coupled with the increasing number of computer users, are driving the EdTech revolution on a global scale. Leading platforms such as Byju's, Simply Learn, Upgrad, Udemy, GoGuardian, and Vedantu have reached the masses through mobile-friendly interfaces and interactive content tailored for smartphone and laptop users.

Technological Advancements Propel Growth

EdTech solutions are rapidly evolving, aligning with cutting-edge technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Augmented Reality (AR), and Virtual Reality (VR). These advancements are poised to make substantial contributions to the market's growth, enhancing the learning experience and accessibility.

Cybersecurity Challenges

Despite its remarkable growth, the EdTech sector faces cybersecurity challenges, particularly concerning the safety of children who are frequent targets of phishing attacks. Many EdTech companies rely on cloud-based solutions for data storage, increasing the risk of data breaches involving personal or financial information. The surge in phishing attacks, often targeting vulnerable users, poses disruptions to classes and online study programs. Malware attacks, especially on open-source platforms like Android, further jeopardize the EdTech user experience.

Mitigating Cybersecurity Threats

Efforts to minimize cybersecurity threats are underway, with advancements in software solutions and the adoption of third-party security measures expected to mitigate the impact of these threats in the coming years.

EdTech's COVID-19 Boost

The COVID-19 pandemic has provided a significant boost to EdTech companies as the world shifted towards online education. School closures and the virtualization of tuition and training institutes compelled educational institutions to transition to online learning. This shift opened new doors for EdTech companies, driven by ease of use, flexible learning options, affordable subscription models, and pay-as-you-go alternatives. The pandemic not only solidified the foundation of EdTech but also created fresh opportunities in untapped markets, including rural areas and new internet users.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. EdTech Market Highlights

2.2. EdTech Market Projection

2.3. EdTech Market Regional Highlights

Chapter 3. Global EdTech Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 Impact on the EdTech Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1.IGR-Growth Matrix Analysis by Sector

3.5.2.IGR-Growth Matrix Analysis by Type

3.5.3.IGR-Growth Matrix Analysis by End User

3.5.4.IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of EdTech Market

Chapter 4. EdTech Market Macro Indicator Analysis

Chapter 5. Global EdTech Market by Sector

5.1. Preschool

5.2. K-12

5.3. Higher Education

Chapter 6. Global EdTech Market by Type

6.1. Hardware

6.2. Software

6.3. Content

Chapter 7. Global EdTech Market by End User

7.1. Business

7.2. Consumer

Chapter 8. Global EdTech Market by Region 2023-2030

8.1. North America

8.1.1. North America EdTech Market by Sector

8.1.2. North America EdTech Market by Type

8.1.3. North America EdTech Market by End User

8.1.4. North America EdTech Market by Country

8.2. Europe

8.2.1. Europe EdTech Market by Sector

8.2.2. Europe EdTech Market by Type

8.2.3. Europe EdTech Market by End User

8.2.4. Europe EdTech Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific EdTech Market by Sector

8.3.2. Asia-Pacific EdTech Market by Type

8.3.3. Asia-Pacific EdTech Market by End User

8.3.4. Asia-Pacific EdTech Market by Country

8.4. RoW

8.4.1. RoW EdTech Market by Sector

8.4.2. RoW EdTech Market by Type

8.4.3. RoW EdTech Market by End User

8.4.4. RoW EdTech Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global EdTech Market

9.2. Companies Profiles

9.2.1. BYJU'S

9.2.2. Blackboard, Inc.

9.2.3. Chegg, Inc.

9.2.4. Coursera, Inc.

9.2.5. Edutech

9.2.6. edX Inc.

9.2.7. Google LLC

9.2.8. Instructure, Inc.

9.2.9. upGrad Education Pvt. Ltd.

9.2.10. Udacity, Inc.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of EdTech.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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